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Companies›Fast Moving Consumer Goods›Fast Moving Consumer Goods›Beverages

CUPID BREWERIES AND DISTILLERI

Fast Moving Consumer Goods › Beverages
₹21.71
at close · 21 Sept 2026
▼ 0.90 (-3.98%)

Latest filings

  1. Newspaper ad confirms dispatch of 40th AGM Notice and FY26 Annual Report · Compliance
  2. Annual Report FY26 and 40th AGM Notice filed with BSE · Results
  3. 40th AGM notice on Sept 30, 2026; e-voting Sep 27-29 · Board & Shareholder Meetings
  4. Board approves AGM notice, new statutory auditor, director re-appointment · Management Changes
  5. Non-binding MoU signed for tech collaboration with German partner · Strategic Transactions
  6. Newspaper publication of Q1 FY27 unaudited financial results · Compliance
  7. Compliance Certificate under Reg 74(5) for Q1 FY27 · Compliance
  8. Q1 FY27 results: NIL revenue, standalone loss narrows to Rs 14.94 lakh · Results
  9. Q1 FY27 results, USL unit acquisition update, fundraise plan · Results
  10. Board meeting on 9 July to consider Q1 FY27 financial results · Results
  11. Cupid Breweries appoints two additional Independent Directors · Management Changes
  12. Cupid Breweries Appoints Two Additional Independent Directors · Management Changes
  13. Two Additional Independent Directors appointed to the Board · Management Changes
  14. Trading window closed for Q1 FY27 results · Compliance
  15. Postal ballot results - United Spirits unit acquisition and director appointment approved · Strategic Transactions
  16. Declaration of voting results of Postal Ballot and submission of Scrutinizer Report. · Management Changes
  17. Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Execution of Agreement to Sale and Transfer with United Spirits Limited · Strategic Transactions
  18. Postal Ballot Notice dated May 18, 2026 along with Explanatory Statement is enclosed. · Board & Shareholder Meetings
  19. Submission of information pursuant to earlier disclosure dated November 17, 2025 regarding Resignation of Statutory Auditor. · Management Changes
  20. Annual Secretarial Compliance Report for the financial year ended March 31, 2026. · Compliance
  21. Submission of Audited Standalone and Consolidated financial results along with declaration pursuant to Regulation 33(3)(d) of SEBI (LODR) Regulations, 2015 for the financial year ended March 31, 2026. · Results
  22. Newspaper publication pertaining to Audited Standalone and Consolidated financials results of the Company for the quarter and year ended March 31, 2026. · Compliance
  23. The Board of Directors of the Company has approved Audited standalone and consolidated financial results of the company for the quarter and year ended March 31, 2026. · Results
  24. The Board has approved Audited Standalone and Consolidated financials results of the Company for the quarter and year ended March 31, 2026 along with other ancillary matters. · Strategic Transactions
  25. Cupid Breweries And Distilleries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/05/2026 ,inter alia, to consider and approve the Audited .... · Results
  26. Compliance Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 issued by M/s. Satellite Corporate Services Private Limited, the Registrar and Share .... · Compliance
  27. Clarification on Price Movement. · Regulatory & Legal
  28. Cupid Breweries appoints Mr. Rohit Shetty as Additional Independent Director · Management Changes
  29. Appointment of Mr. Rohit Shetty (DIN: 07224494) as an additional Independent Director of the Company w.e.f. April 07, 2026. · Management Changes
  30. Board of Directors of the Company has discussed and approved the transactions as mentioned in the attached outcome. · Management Changes
  31. Mr. Sajid Bijnori (DIN: 02666906), Independent Director of the Company has resigned from the Board of the Company w.e.f. April 07, 2026. · Management Changes
  32. Mr. Sajid Bijnori (DIN: 02666906), Independent Director of the Company has resigned from the Board of the Company w.e.f. April 07, 2026. · Management Changes
  33. Mr. Sajid Bijnori (DIN: 02666906), Independent Director of the Company has resigned from the Board of the Company w.e.f. April 07, 2026 · Management Changes
  34. Mr. Arpit Shah (DIN: 07499195), Independent Director of the Company has resigned from the Board of the Company w.e.f. April 06, 2026 · Management Changes
  35. Mr. Arpit Shah (DIN: 07499195), Independent Director of the Company has resigned from the Board of the Company w.e.f. April 06, 2026. · Management Changes
  36. Mr. Arpit Shah (DIN: 07499195), Independent Director of the Company has resigned from the Board of the Company w.e.f. April 06, 2026. · Management Changes
  37. Additional disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Resignation of Independent Director · Management Changes
  38. Mr. Ajay Gandeja (DIN: 08663702), Independent Director of the Company has resigned from the Board of the Company w.e.f. March 29, 2026. · Management Changes
  39. Mr. Ajay Gandeja (DIN: 08663702), Independent Director of the Company has resigned from the Board of the Company w.e.f. March 29, 2026. · Management Changes
  40. Independent Director Ajay Gandeja resigns from board · Management Changes
  41. Intimation regarding closure of trading window for all the designated persons and their immediate relatives for the quarter and year ended March 31, 2026. · Compliance
  42. The Company has completed the execution and registration of a Sale Deed on March 24, 2026 for acquisition of land admeasuring 32,160 sq. meters in the state of Goa with the long term strategic .... · Capex & Operations
  43. The Company has executed an agreement with Bansal Udyog Private Limited for it''s Strategic Market Expansion in the state of West Bengal · Strategic Transactions
  44. The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rodrigues Bhagvandas Lily & Others · Ownership Changes
  45. The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rodrigues Bhagvandas Lily · Ownership Changes
  46. 1. Allotment of 3,87,08,920 equity shares pursuant to share swap with the equity shares of Rinpoche Spirits Private Limited. 2. Allotment of 6,51,387 equity shares pursuant to share swap .... · Strategic Transactions
  47. Acquisition of 100% stake of Rinpoche Spirits Private Limited · Strategic Transactions
  48. The Board of Directors of the Company in the Board Meeting held on March 02, 2026 has considered and approved the transactions as mentioned in the attached outcome. · Fund Raising
  49. The Company has increased its Authorised share capital and consequently amended clause V of Memorandum of Association (MOA). · Fund Raising
  50. Newspaper advertisement pertaining to unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 and quarter and nine months ended December .... · Compliance
All filings ↓
Ask Nexa about CUPID BREWERIES AND DISTILLERI

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures and plans to manufacture alcoholic beverages in India across three categories — Indian-made foreign liquor (IMFL/IML), beer, and craft/micro-brewery products — through a network of subsidiaries. As of FY26 and Q1 FY27, the company reported zero revenue from operations, with standalone revenue limited to Rs. 0.20 lakh of other income for the full year, and a standalone net loss of Rs. 44.63 lakh and consolidated net loss of Rs. 367.14 lakh. The group is in a pre-revenue scaling-up phase: it signed an agreement in June 2026 to buy an operational alco-beverage manufacturing unit at Gopalpur, Odisha from United Spirits Limited (a Diageo Group company) for Rs. 22.50 Crores, with installed capacity of approximately 2,50,000 cases per month. Its stated group-level licensed production pipeline targets approximately 8.40 million cases of IMFL/IML, 1.50 million cases of beer, and 1.09 million litres of craft/micro-brewery output. The company has 11 subsidiaries including step-down entities, raised capital via a March 2026 preferential allotment of 3,93,60,307 equity shares taking paid-up capital to Rs. 91.34 Crores, and engaged JLL for further fundraising.

Operating scale
Gopalpur unit acquired capacity
approximately 2,50,000 cases per monthFY26
Group licensed IMFL/IML capacity
approximately 8.40 million casesFY26
Group licensed Beer capacity
approximately 1.50 million casesFY26
Group licensed Craft/Micro Brewery capacity
approximately 1.09 million litresFY26
Gopalpur acquisition consideration
Rs. 22.50 CroresFY26
Subsidiaries (incl. step-down)
11FY26
Who pays it
End consumers of alcoholic beverages in India, distributed through state excise-licensed channels tied to the acquired and licensed units.
Kind of business
Pre-revenue, scaling-stage alco-beverages manufacturer with no operating revenue and accumulated losses.
Where it sits
BSE-listed small-cap alco-beverages group acquiring its first operating manufacturing unit (from United Spirits Limited) and building licensed capacity across IMFL, beer and craft/micro-brewery segments.
Market Cap
₹198 Cr
P / E (TTM)
30.6×
EV / EBITDA
—
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
-0.4%·
ROCE (5y median)
ROE -0.5% · margin —
Leverage
0.04·
Debt / Equity · low
Net debt ₹29 Cr
Moves on a normal day
2.87%·
Median daily move
Last 268 sessions · filing days run larger
Where it sits among 25 Breweries & Distilleries peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#16/24
P/B#1/25
ROCE#20/26
ROE#19/25
Debt / Equity#3/25

Scorecard

Measured from the filed financials, judged against its Breweries & Distilleries peers · as of FY26 — not investment advice

Strengths
Debt at 0.04× equity
lower than 92% of its 25 Breweries & Distilleries peers
Concerns
Returns on capital -0.4%
#20 of 26 in Breweries & Distilleries on the latest reported figures

Charts

How has the market priced it — with filings on the timeline?

Price

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Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from CUPID BREWERIES AND DISTILLERI's filed financials and exchange disclosures

What does CUPID BREWERIES AND DISTILLERI do?

CUPID BREWERIES AND DISTILLERI is a Beverages company listed on BSE.

Is CUPID BREWERIES AND DISTILLERI profitable?

No. Over the trailing twelve months CUPID BREWERIES AND DISTILLERI reported a net loss of ₹4 Cr on revenue of ₹0 Cr.

Does CUPID BREWERIES AND DISTILLERI pay a dividend?

Not in the latest reported year — CUPID BREWERIES AND DISTILLERI's dividend payout for FY26 was nil.

Is CUPID BREWERIES AND DISTILLERI debt-free?

Effectively yes. Debt stands at 0.04× equity.

Is CUPID BREWERIES AND DISTILLERI expensive compared with its peers?

On trailing P/E, CUPID BREWERIES AND DISTILLERI ranks 16 of 24 in Breweries & Distilleries — cheaper than 35% of them, against an industry median of 23.9×. This is a position, not a valuation judgement.

How much does the CUPID BREWERIES AND DISTILLERI share price move in a day?

On a typical session CUPID BREWERIES AND DISTILLERI moves 2.87% — that is the median absolute close-to-close move across its last 268 trading days. Announcement days are routinely larger.

Where can I track CUPID BREWERIES AND DISTILLERI's announcements?

Every NSE and BSE filing by CUPID BREWERIES AND DISTILLERI appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.